Source: NBC News
“The Federal Communications Commission, the government agency that regulates the broadcast airwaves, voted Thursday to eliminate a cap on the share of U.S. television households a single company can reach, a major move that could pave the way for more corporate consolidation in the media industry. In a 2-1 vote, the FCC repealed a 22-year-old rule holding that a company cannot own stations that reach more than a combined 39% of the U.S. television audience. The ownership limit will be replaced by a case-by-case approach.” [editor’s note: It should be replaced by a “none of the government’s business” approach – TLK] (08/06/26)